Finance

The Global Economic Outlook During the COVID-19 Pandemic: A Changed World

The Indian economy was expected to lose over ₹32,000 crore (US$4.5 billion) every day during the first 21-days of complete lockdown, which was declared following the coronavirus outbreak. … Up to 53% of businesses in the country were projected to be significantly affected.
Cause: COVID-19 pandemic-induced market i…
Outcome: Sharp rise in unemployment; Stress …

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